Magazine

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Dec 2022

News


Asian

Australia: 12m people anxious about inadequate savings for retirement

Three in five (62%) Australians – equivalent to over 12m people – are concerned about not having enough money in retirement, according to new research by Finder, a personal finance comparison website.
 


Bangladesh: Regulator cites nine issues impeding non-life sector

The Insurance Development and Regulatory Authority (IDRA), the regulatory body for Bangladesh, has identified nine issues in the country’s non-life insurance sector.
 


Indonesia: Insurance market likely to see higher growth this year

The Indonesian non-life insurance segment is expected to exhibit higher growth in 2022, supported by the resumption of domestic activity and demand as the country transitions to treating COVID-19 as endemic and moves away from strict lockdowns seen up to 2021, said AM Best.
 


Risk

Higher stress and less work engagement afflicts young adults

A new study by Cigna International has revealed that despite newfound workplace freedoms young people now face higher levels of stress, financial concern and reduced workplace satisfaction and growth.
 


Fossil fuel demand expected to peak soon

The World Energy Outlook 2022 released by the International Energy Agency (IEA) reveals that Russia president Vladimir Putin’s invasion of Ukraine has accelerated the world’s transition to cleaner energy sources.
 


Despite new cyber threats, ransomware remains at the top

Ransomware remains a top cyber risk for organisations globally while business email compromise incidents are on the rise and will increase further in the ‘deep fake’ era according to a new report from Allianz Global Corporate & Specialty (AGCS).